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What is the cost of an Alaska certificate of title bond?
Alaska certificate of title bond costs start at $100 for the state-required 3-year term. The exact cost varies depending on the bond amount required by the Division of Motor Vehicles.
- Bond amounts less than $6,000 cost $100.
- Bond amounts from $6,001 to $50,000 cost $15 for every $1,000 of coverage, starting at $100.
- Bond amounts more than $50,000 must be reviewed by an underwriter for pricing, starting at $750.
How can you get an Alaska vehicle title bond?
You can purchase your Alaska vehicle title bond online 24/7. You must provide the following information for Division of Motor Vehicles approval.
- vehicle owner's name
- vehicle identification number (VIN)
- body type
- license plate number
- license plate state
Once your order has been processed, you'll receive your official Alaska vehicle title bond by email.
How fast can I get a lost title bond?
Our industry-leading technology and responsive customer service team allow us to deliver your official Alaska lost title bond faster than any other surety provider. Orders placed by 4 PM CST Monday-Friday are typically processed with same-day emailed bond delivery.
What is an Alaska certificate of title bond?
Alaska Statute 28.10.216 requires individuals file a surety bond to register a vehicle or trailer without proper ownership evidence. The bond form is titled "Vehicle Title Surety Bond," but it's more commonly known as a "certificate of title bond" or "lost title bond." The Alaska lost title bond protects former owners or subsequent purchases who can sue on the bond if there's an ownership dispute. The surety company will pay valid claims up to the full bond amount, which the bonded vehicle owner must then reimburse.
Why do you need an Alaska certificate of title bond?
By filing this bond, you verify you're the vehicle or trailer's true legal owner despite not having proper ownership evidence. Filing a surety bond allows you get a bonded title for your vehicle. The following vehicles are not eligible for bonded titles.
- abandoned vehicles
- vehicles acquired through a work and/or storage lien
- vehicles acquired through a towing and storage lien
- foreign vehicles without proper customs documentation
- disassembled vehicles
Alaska vehicle title bonds are required for vehicle registration. If you plan to sell vehicles, a separate Alaska motor vehicle dealer bond is required.
Who regulates vehicle registration in Alaska?
The Alaska Department of Administration Division of Motor Vehicles enforces registration requirements for vehicles missing titles. If you have questions about your bonded title application, call the DMV at 1(855)269-5551.
How do I determine my bond amount?
Alaska statute requires your title bond amount be 1.5 times the appraised vehicle value. If you need help determining your vehicle value or required bond amount, the state advises you contact a licensed dealer, insurance appraiser, or bank.
How do I update or change my bond form?
If the Alaska DMV requires any updates to your official bond documentation, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change.
The most common changes for these bonds are the vehicle owner's name or specific vehicle information.
Does your Alaska bonded title expire?
Yes, Alaska bonded titles expire 3 years from their effective date and do not renew.
How do you get a bonded title in Alaska?
- Get an appraisal for the current fair market vehicle value.
- Purchase your Alaska lost title bond in the correct required bond amount.
- Complete the Affidavit of Ownership, which must be notarized.
- Fill out an Application for Title and Registration (Form 812).
- Get a Certificate of Vehicle Inspection (Form 811).
- Submit your completed bonded title application packet to your nearest motor vehicle office.